Let´s get into statistics, why? because statistics don´t lie. Quito, Ecuador is the cheapest city of this side of the world, followed by La Paz, Bolivia. According to this statistic graph wich shows the most affordable cities worldwide as of February 2016. According to Travel Backpacker Price Index. Pokhara, Nepal is the cheapest city with an average cost of 15.85 U.S. dollars per day. Quito, Ecuador is the cheapest city of the Americas with a 22.2 dollars daily budget.
Of course this figure can change dramatically depending on your pocket and how much you are willing to spend. Especially when it comes to the accommodation price per night; it can start as low as $8 a to a high of $450 dollars per night.
So talking about accommodation; if you are the type of person who doesn’t really care spending the night at a fancy hotel, and do not care about sharing a bathroom, the good news is that you can save big money and find a room for +/- $8 a night, at the end of the day you will be out most of the day, you just need a place to stay overnight with clean sheets, so, who cares about the place.
Then is the average room price for those who rather have a private bathroom and a clean bed, the price will start from +/- $25. Finally, last but not least, comes the fancy type, who are willing to pay a higher accommodation price, so if you can afford it, why not ?. Fortunately Quito is a city for every budget. Quito affordable city.